State Street: Australia heavily exposed to debt crisis

Thursday 20 September 2018

Australia’s extreme household debt, which is the second highest in the world behind Switzerland:

Has State Street warning that Australia is one of the most exposed economies in the world to a global debt crisis. From The AFR:

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About the author

Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.